Polestar (PSNY) stock debuts on Nasdaq after SPAC merger

Shares of Polestar produced their community-sector debut less than the ticker “PSNY” on Friday, generating it the hottest electric powered car or truck maker to go community by way of…

Rivian CEO on growth, Amazon vans, SPAC bubble and lower-priced EVs

Rivian CEO RJ Scaringe on April 11, 2022 within the company’s plant in Normal, Unwell. Michael Wayland / CNBC Ordinary, Ill. – Rivian Automotive CEO Robert Scaringe hops out of…

Nikola to pay $125 million to settle fraud charges as SEC cracks down on SPAC claims

Trevor Milton CEO of Nikola Massimo Pinca | Reuters Electrical truck maker Nikola has agreed to pay out the Securities and Exchange Fee $125 million to settle rates it defrauded…

26-year-old CEO completes SPAC deal and brings his autonomous trucking start-up Embark public

25-12 months-old Embark CEO and co-founder Alex Rodrigues The congestion at U.S. ports, the trucker scarcity and the increase of e-commerce have developed a exceptional chance for autonomous trucking, in…

Lordstown Motors confirms DOJ probe into SPAC deal and pre-orders

Personnel set up doorway hinges to the entire body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors’ assembly plant in Ohio. Michael Wayland…

Autonomous driving start-up Aurora plans to go public through SPAC

Aurora, a commence-up acquiring hardware and software to enable motor vehicles to drive autonomously, is likely community via a SPAC merger. The offer with exclusive function acquisition enterprise Reinvent Technological…

Embark CEO Alex Rodrigues taking driverless truck firm public via SPAC

Embark, a self-driving truck venture led by 25-year-old CEO Alex Rodrigues, introduced a offer to go general public by way of SPAC on Wednesday. San Francisco-based mostly Embark plans to…

Aviation firm Lilium to go public through SPAC deal with ex-GM exec

Lilium’s five-seater air taxi, the Lilium Jet, can be viewed traveling at an airfield in southern Germany in new footage launched by the organization. Lilium German aviation start-up Lilium has…

British used car dealer Cazoo is going public in the US via SPAC

Cazoo founder and CEO Alex Chesterman. Cazoo LONDON — Cazoo introduced Monday that it will go general public by way of a merger with billionaire trader Daniel Och’s unique intent…

British EV firm Arrival (ARVL) stock sinks in SPAC debut

LONDON — British electrical auto producer Arrival began buying and selling on the Nasdaq Thursday subsequent a merger with a U.S. blank-test firm. The business finalized its blend with CIIG…